Bitcoin Cash ($BCH) Surged 35% Today Gearing Up for 70% Spike

The peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy and larger block size Surged 35% Today amidst crypto market volatility potentially gearing up for a 70% spike to the $500 resistance.

Bitcoin cash (BCH) was created as an alternative to the first and most valuable cryptocurrency — Bitcoin (BTC) in 2017. Bitcoin cash (BCH) chart pattern exhibited series of consolidation pattern that connotes to an upcoming surge and the 35% surge is a prelude to what's coming.

With the Relative Strength Index (RSI) at 65, BCH is more than ready to capitalize on the current bullish engulfing pattern exhibited on the chart.

As of the time of writing, BCH is up 21.78% with data from DefiLlama showing about $7.28M locked in Bitcoin cash network With about $1.92 Billion in volume for the past 5 days.

Bitcoin Cash Price Live Data
The live Bitcoin Cash price today is $388.10 USD with a 24-hour trading volume of $1,009,964,576 USD. We update our BCH to USD price in real-time. Bitcoin Cash is up 25.15% in the last 24 hours. The current CoinMarketCap ranking is #20, with a live market cap of $7,699,166,324 USD. It has a circulating supply of 19,838,141 BCH coins and a max. supply of 21,000,000 BCH coins.